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Today's Picks: January 13, 2017

Nifty, Bank Nifty, NTPC, Tata Power, Unilever

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Devangshu Datta
Nifty    
  
Current: 8,407  (fut: 8,422) Target: NA
Stop loss long positions at 8,365. Stop short positions at 8,475. Big moves could go till 8,550, 8,300. A long 8,400c (70), short (30) could gain 15-20 if the futures hits 8,450.

Bank Nifty       
 
Current: 18,874  (futures: 18,890)
Target: NA
Stop long positions at 18,790. Stop short positions at 19,000. Big moves could go till 18,600, 19,350. Trend seems bullish

NTPC
        
Current: Rs 174 
Target: Rs 178
Keep a stop at Rs 172 and go long. Add to the position between Rs 176 and Rs 177. Book profits at